Washington refuses to recognize S.Ossetian elections
Washington said it would not recognize last weekend`s parliamentary polls in the former Georgian republic of South Ossetia, the U.S. State Department said in a statement.
Search continues for missing Air France plane in Atlantic
French and Brazilian planes and warships are continuing to search the area of the Atlantic Ocean where an Air France passenger plane is believed to have crashed with 228 passengers and crew on board.
Homosexuals to finally destroy Arnold Schwarzenegger as politician
Another scandal connected with the struggle for the rights of homosexual individuals is gathering pace in the United States. The Supreme Court of California upheld the ban on gay married on May 26. The verdict was based on the results of the referendum conducted in November 2008. The amendment, which the Californians approved, banned gay marriage and defined ‘family’ as a union between a man and a woman.
Bookmakers make fortune on Boyle`s failure in Britain`s TV show
Scottish singer Susan Boyle`s unexpected defeat in the finals of "Britain`s Got Talent" reality show Saturday has helped U.K. bookmakers make a fortune, British TV channel Sky News reported Sunday.
Twenty-two Russian students still in police custody in Egypt
Twenty-two Russian students are still being held in police custody in Egypt and the date of their release is unknown, Russian Vice-Consul in Cairo Timur Agametov said on Sunday.
GM: Too big to fail?
The United States’ biggest car maker General Motors is preparing to file for bankruptcy next Monday. Many analysts believe that following government intervention it is inevitable. RIA Novosti caught up with Lee E. Ohanian professor of economics at UCLA to find out his views on GM and the prospects for its bankrupcy.
Shanghai group to put forward anti-crisis plan at Petersburg forum
Experts from the Shanghai Cooperation Organization (SCO) are to present a package of measures to tackle the global economic crisis at a St. Petersburg forum in June, a deputy SCO secretary general said.
One dead as powerful earthquake hits Caribbean
An earthquake measuring 7.1 on the Richter scale hit the Caribbean Sea early on Thursday morning, killing at least one person and destroying homes in Honduras and Belize, regional media said.
Belarus refuses to accept Russian $0.5 bln loan in rubles
Belarus has turned down a new loan tranche from Russia worth $500 million, insisting that it be denominated in dollars rather than Russian rubles, Finance Minister Alexei Kudrin said on Thursday.
Russia, Cuba agree to renew joint nuclear research
Russia and Cuba have agreed to renew their cooperation in nuclear research with Cuba`s Nuclear Energy Agency, head of Rosatom Sergei Kiriyenko said on Wednesday.
WHO says 48 countries confirm 13,398 swine flu cases, 95 deaths
According to the World Health Organization`s latest update, a total of 13,398 people in 48 countries worldwide have been officially diagnosed with the A/H1N1 influenza virus, with a total of 95 deaths.
China and Brazil try to flee from the US dollar
Brazil`s state visit to China has set the chins wagging. Will an agreement be struck to invoice their bilateral trade in their own currencies rather than the dollar? Brazilian President Lula had made some allusions to this last month around the G20 meeting.
Canada`s financial system still stable despite the crisis
By David Hunkar
Russian billionaire opens Europe`s most expensive luxury hotel
Russian billionaire, the former owner of Moscow’s renowned Cherkizovsky Market, Telman Ismailov, surprised the whole world on Saturday (May 23) as he opened his luxury hotel - Mardan Palace in Antalya, Turkey.
Islam teaches good lesson to Western financial system
Many analysts said that the Islamic financial system would suffer least from the financial crisis. Islam bans the interest rate, which is the basis of wealth and the source of trouble for the traditional world of money.
French woman takes Scientology to court for fraud
The Church of Scientology went on trial in a Paris court on Monday on charges of fraud, following a suit filed by a woman who says the church manipulated her into parting with her savings.
China still buying record amounts of U.S. bonds: report
China`s official foreign exchange manager is still buying record amounts of U.S. government bonds, in spite of Beijing`s increasingly vocal fear of a dollar collapse, the Financial Times reported.
Russian destroyer prevents Somali pirate attack on cargo vessel
A destroyer from Russia`s Pacific Fleet, which was escorting six merchant vessels through the Gulf of Aden, fired warning shots at Somali pirates as they tried to seize a ship, a Navy spokesman said on Monday.
One dies, 17 injured in Sikh temple brawl in Vienna
A 57-year-old Indian preacher died and 17 others were injured, many seriously, after men brandishing guns and knives attacked people in a Sikh temple in Vienna, Austrian radio said.
FBI arrests 4 suspects in New York synagogue bomb plot
The U.S. Federal Bureau of Investigation arrested four men accused of planning to blow up a synagogue in New York, along with other terrorist attacks.
U.S. allocates $100 million to Pakistan in aid to refugees
The United States will give Pakistan $100 million to help refugees, Secretary of State Hillary Clinton said Tuesday.
Australian leaves his tattooed skin to museum
A 65-year-old Australian citizen Geoff Ostling leaves his tattoo-covered skin to the National Gallery of Australia in Canberra.
Japanese corporation in legal dispute with unfortunate Russian scientist
Law-enforcement authorities have arrested warehouses of one of the biggest foreign shock absorber producers - Kayaba Industry, because a Russian inventor who received a patent for an absorber construction claims a 30-million-dollar compensation. Lawyers suppose that the intellectual property right case may take several years at court.
Europe`s economy contracts at fastest pace in 13 years
Europe’s economy contracted at the fastest pace in at least 13 years in the first quarter as companies cut output and jobs to survive the worst global slump in more than six decades.
This year to be the most challenging for economies since WWII
With overall global economic growth slowing to a near standstill this year, 2009 will be the most challenging year for economies since World War II, according to an International Monetary Fund report.